Limitation of the financial accounting, accounting, Basic Statistics

Limitation of the Financial Accounting.

There much limitation can be considered in case of the Financial Accounting but here we are discussing the main two limitations

 It records only financial transaction, it is limited to the financial transaction only, and for example other things which are not having any money value are not recorded in the books of accounts.

 Estimation Limitation: Accounting doesn’t produce the exact result due to sometime few transaction contains the estimation for example Depreciation on estimated life of the assets and bad debts provisions etc. 

Unique solution in accounting

Posted Date: 3/27/2012 5:44:25 AM | Location : United States







Related Discussions:- Limitation of the financial accounting, accounting, Assignment Help, Ask Question on Limitation of the financial accounting, accounting, Get Answer, Expert's Help, Limitation of the financial accounting, accounting Discussions

Write discussion on Limitation of the financial accounting, accounting
Your posts are moderated
Related Questions
how to solve the assignment problem?

In the 2009 baseball season, the team that finished the regular season with the best record in the National League was the Los Angeles Dodgers, with a record of 95-67. (For those o

Why Magnet show north south pole

Binding studies were carried out in which heparin was immobilized on the surface of cuvettes. The pH dependence of HPRG binding to heparin was investigated and the results are show

There are 49 mice in a pet shop. 30 mice are white. 27 mice are male. 18 mice have short tails. 8 mice are white and have short tails. 11 mice are male and have short tails.

Bambridge Associates LLP has hired you to analyze the demand in 30 regional markets for custom financial plans for high net worth individuals (Y). A statistical analysis of demand

What is the probability 0.10 called?

Sales from a leading motor dealership were monitored over the past four years. The sales figures are presented in the accompanying table. Year Quarter 1 Quarter 2 Quarter 3 Quarter

hi i just want to knw my husband done b.com n doing job as a accountant in private firm can u suggest me it is better for my husband to do m.ba or either some professional course

Difference between historigram and histogram